Monday, April 30, 2012

A SBLC (Standby Letter of Credit) serves as a secondary payment mechanism. A bank will issue a Standby Letter of Credit on behalf of a customer to provide assurances of his ability to perform under the terms of a contract between the beneficiary and client. The parties involved with the transaction do not expect that the letter of credit will ever be drawn upon.

The Standby Letter of Credit assures the beneficiary of the performance of the customer's obligation. The beneficiary is able to draw under the credit by presenting a draft, copies of invoices, with evidence that the customer has not performed its obligation. The bank is obligated to make payment if the documents presented comply with the terms of the letter of credit.

The Standby Letter of Credit is often used to guarantee performance or to strengthen the credit worthiness of a customer.

To obtain a SBLC send your request with full details to Lgpotter33@gmail.com and you will be put in touch with provider who will provide full details.

DISCLAIMER: Poster is not a United States Securities Dealer, Broker or US Investment Advisor. This post is not to be considered a solicitation for any purpose in any form or content, nor an offer to sell and/or buy securities. Merely describing the details of an existing private program does not constitute an offer or solicitation of any kind. Thank you.

Friday, April 13, 2012

The basic premise of private money lending is that private individuals with money to invest often loan that money, generally on real estate secured transactions, with the intention to receive a fair return (based on risk) on their investment.

Some private investors go on to form a corporate entity, and utilize lines of credit as a source for the funds that they loan - and this is where the boundaries begin to become a little hazy (as these private investors may begin to look a little like institutions).

One defining characteristic of private money is the process and criteria by which the funds are allocated to loans. Private money is quite different than institutional money in the many ways which will be covered at another time.

Currently, loans are being made in Georgia, Montana, Oklahoma, Alaska, Wyoming, Texas, Nevada, Colorado, New York, Idaho, California and Florida.